Financial News

Litecoin price is up today, as the growth in unique addresses throughout the month of May, continues into June. Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on June 1 as the market's attention shifted to its strong network growth in recent months.The LTC price jumped 3% to an intraday high of around $95. In comparison, its top-rivaling assets, Bitcoin (BTC) and Ethereum (ETH), dropped 2.25% and 1.75%, respectively, thus registering a rare decoupling […]

The United States doesn’t have to start from scratch when it comes to developing effective laws and guidelines for crypto. While the U.S. has long been known as a center of innovation and new technology, the nation’s regulatory bodies don’t seem to know quite what to make of the crypto industry. The U.S. is lagging behind countries in Europe and Asia in establishing crypto regulations, and it’s not because the industry is broadly resistant. Indeed, crypto insiders […]

After firing its entire human staff and replacing them with a single chatbot, Vice reports that an eating disorder helpline has already announced that it's bringing its humans back. And yes, as it turns out, it's because replacing a human-managed crisis helpline with an AI-powered chatbot went extremely, extremely poorly. Who could've thought? As NPR

Migrants speaking Haitian Creole or Indigenous languages face challenges at the border.

While ChatGPT-4 can’t compete with human auditors yet, OpenZeppelin noted it was not optimized to do so, and AI models trained for this purpose would likely be more accurate. While generative artificial intelligence (AI) is capable of doing a vast variety of tasks, OpenAI’s ChatGPT-4 is currently unable to audit smart contracts as effectively as human auditors, according to recent testing.In an effort to determine whether AI tools could replace human auditors, blockchain […]

The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023. Georgia, a major cryptocurrency-friendly country among post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering and comply with sanctions.The National Bank of Georgia (NBG) plans to launch mandatory supervision of virtual asset service providers (VASPs) starting Sept. 1, 2023.The NBG acting governor Archil […]

Lawyers say they are seeing an increasing number of divorce settlements featuring digital assets. Most crypto investors probably aren’t thinking about divorce or what will happen to their digital assets in the event of separation, but lawyers say it’s becoming a very common scenario as more people hold crypto assets. Last year, market research firm GWI suggested that as much as 10.2% of global internet users aged 16 to 64 own crypto, with most ownership skewed toward […]

Universal’s U-turn on AI music won’t please Ice Cube, former MOMA curator collects fine art on Solana, Edge of NFT podcast + Crypto Titans. BitCulture explores arts, culture, music and media in blockchain and Web3.Fine art on the blockchain Exchange.art head curator Haley Karren came to Web3 from some of the worlds leading art institutions and says that working with 14,000 artists on Solanas fine art marketplace has broadened her tastes. Exchange.art head curator Haley […]

A senator in Italy utilized OpenAI’s GPT-4 to generate a speech during a parliamentary meeting to spark a “serious debate” about the technology. An Italian senator spoke before members of the Italian parliament with — unbeknownst to parliament members — a speech entirely composed by artificial intelligence (AI).In the parliamentary meeting on May 31, Italian Senator Marco Lombardo pulled the stunt to spark a “serious debate” among his colleagues about what’s […]

The Jimbos Protocol team extended the bounty offer to the public, inviting anyone who can help catch the exploiter or recover the funds to claim the reward. Decentralized finance (DeFi) platform Jimbos Protocol has offered 10% of the exploited funds to the general public after giving the hacker several days to respond to the deal.On May 28, the Arbitrum-based DeFi app was exploited, resulting in a loss of 4,000 Ether (ETH). After taking advantage of the lack of slippage […]